The Fixed Lease To Own Product

The Fixed Lease To Own Product ensures that the profit rate remains fixed throughout the financing period. That way you only have to think of your installments and how soon you can own your dream home.

Term of Financing

You can get up to 15 years to repay the installments.

Portion Financed by You

You need to pay a minimum of 20% of the value of the property as a down payment and Tamweel will finance the rest for you.

Sharia’a Compliance

All our products are Sharia’a compliant. The Fixed Lease To Own product is an Ijara contract.

Profit Rate

Enjoy the finest of fixed rates! For your peace of mind, the profit rate will remain fixed throughout the financing period. This will not only provide you with stability but will give you control over your finances for better planning.

Introducing Yusr: The worlds first Sharia compliant Adjustable Repayment Mortgage

For the first time in the region, you can now choose to pay a lower monthly repayment for up to 3 years with Yusr Finance from Tamweel. That means you can either reduce your monthly repayment commitment on your property, or, probably afford a bigger property for the same monthly repayment of a smaller house.

How Yusr works
Yusr, is the first ever Sharia compliant Adjustable Repayment Mortgage (ARM) product that starts with a lower profit rate for the selected period. When the Yusr period is over, the profit rate will be adjusted to accomodate the partial installment deferral of the early years.

Yusr Benefits
With new homes comes a whole new wish list. Yusr’s lower installments will give you greater spending power for furniture, landscaping, house warming parties and other expenses that you may incur when moving into a new home.
Alternatively, you can use the saved cash to explore your future plans and commitments.
By the end of the Yusr period, your salary or savings are likely to improve. So you will be better prepared for the adjusted repayment amounts, without affecting your lifestyle.